【388】HKEX Charity Foundation Caregiver Support Program funding doubled to HKD 50 million Exclusive sponsorship of intelligent accident detection system Government hopes to install in Q3

Hong Kong Exchanges and Clearing (00388) Its charitable foundation established a Caregiver Support Program last year. Chairman Charles Li said the funding will be doubled to HKD 50 million, describing the program as a role where HKEX acts as a super connector, linking decision-makers, NGOs, social enterprises, the business community, scholars, and medical professionals, allowing caregivers to receive the recognition and support they deserve.

He emphasized that caregivers are silent pillars of society, connecting families and communities. The program reflects HKEX’s commitment to resource integration and social cohesion, aiming to bring a profound impact to Hong Kong society and beyond. The goal is to spread positive energy and build a warmer society.

“Smart Accident Detection System” Involves at Least 300 High-Risk Caregiver Households, Installation Expected to Complete by Q3

He revealed that HKEX’s charitable foundation will sponsor the Labor and Welfare Bureau to pilot the installation of the “Smart Accident Detection System” in at least 300 households of high-risk caregivers, to enhance safety.

The Secretary for Labour and Welfare, Casper Tsui, hopes to complete the installation by Q3 this year. The pilot project uses smart technology to detect home accidents involving caregivers or those being cared for, enabling early intervention and rapid assistance.

He mentioned that the system can detect falls, prolonged immobility, and even smoke detection. The technology has been designed considering local living environment constraints, such as small living spaces.

Partnering with Link REIT to Establish Community Facilities and Identify Caregivers for Support

HKEX’s General Counsel and Group Chief Sustainability Officer, Anthony Wu, added that the program will run for several years, with 10 current partners. He hopes more organizations will join in the coming years to create caregiver-friendly environments in local communities, with positive social, corporate, policy, and cultural impacts.

He pointed out that at the community level, six support teams will be established in Tai Po and Kwun Tong to provide comprehensive support services for caregivers. The target is to cover 2,500 elderly care providers and 1,000 caregivers of children with special educational needs (SEN). Additionally, through a pilot project in collaboration with Link REIT (00823), two new community facilities will be set up at Sunning Plaza in Kwun Tong to identify caregivers and connect them with relevant support services. These include tailored fitness classes and social activities to improve mental health, with plans to expand to other areas in the future.

On the corporate level, Wu hopes to improve the recognition of in-service caregivers within companies and strengthen support for their needs. This could include promoting caregiver-friendly workplaces through charters, recognition programs, and other initiatives.

HKEX Charitable Foundation Has Donated Over HKD 635 Million, Benefiting More Than 150 Projects

HKEX established the Hong Kong Exchanges and Clearing Charitable Foundation in 2020. Through community collaboration projects and strategic partnership programs, it helps vulnerable groups address current and emerging social challenges. As of 2025, the foundation has donated over HKD 635 million, supporting more than 150 projects.

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